flatexDEGIRO teams with DWS on two co-branded ETFs
flatexDEGIRO has partnered with DWS to develop two co-branded Xtrackers ETFs covering diversified global equities and euro bonds, according to Luxembourg registrations.
The VegaShares Fixed Rate Callable Bond ETF will invest primarily in investment-grade fixed-rate callable bonds, with a mandated concentration in the financial sector. The actively-managed fund will target income opportunities across U.S. dollar-denominated debt issued by banks, insurers, brokers, REITs, and other financial firms, using bottom-up credit and relative-value analysis. It may also gain exposure through swaps, options, forwards, and futures when deemed more efficient. The non-diversified strategy seeks attractive risk-adjusted income while actively managing interest-rate and call risk, including shortening duration when rates are expected to rise.
Source: SEC Filings
flatexDEGIRO has partnered with DWS to develop two co-branded Xtrackers ETFs covering diversified global equities and euro bonds, according to Luxembourg registrations.
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